Bitcoin

The price of Bitcoin SV (BSV) dropped two days in a row to extend its bearish sentiment. The BSV/USD exchange rate on Sunday established an intraday low of $131.40, down 21.11 percent from the weekend top. The move downside brought the pair’s net pullback from YTD high of $255.62 to 48.74 percent. At the same…

Bitcoin has trended inside a negative territory for an entire weekend. The BTC/USD exchange rate dropped by as much as 13.35 percent in the last 48 hours. The move downhill prompted the pair to establish an intraday low of $10,263.17, according to data provided by CoinStats’ cryptocurrency portfolio management app. At the same time, the…

Tweets that sent the US stocks down were not that powerful enough to shake bitcoin. The world’s leading cryptocurrency by market capitalization surged by more than 6 percent after the US President Donald Trump issued a negative remark against it. On Thursday, the White House boss said he is not a fan of bitcoin and…

A Singapore-based food giant has begun accepting payments in cryptocurrencies for its services. Dubbed as Kopitiam, the 1988-born company operates food courts in shopping malls across Singapore. It introduced a new technology-friendly branch called KOPItech in June in a newly-refurbished Funan mall. The division reportedly allows customers to recharge their food payment cards using self-service…

Even an argument against bitcoin is promising to propel its price higher. Federal Reserve Chairman Jerome Powell today said that nobody uses bitcoin for payments. The statement could have hurt the prospects of the world’s leading cryptocurrency. But, in the same critical statement, Powell added that bitcoin is much like gold. “Almost no one uses…

The price of bitcoin crashed by more than $1,000 during the London afternoon session this Wednesday. The bitcoin-to-dollar exchange rate earlier today established an intraday high towards $13,202.63, according to data provided by CoinStats’ cryptocurrency portfolio management app. Nevertheless, a vast correction later brought the price down by more than 8 percent. The move downhill…

The price of bitcoin jumped into the green during the Tuesday trading session. The BTC/USD exchange rate settled a fresh intraday high of $12,829.96 ahead of the London market open. The move uphill brought the pair’s monthly gains up by 19.22 percent. At the same time, bitcoin’s market capitalization surged to $227.56 billion, per the…

Bitstamp, one of the oldest cryptocurrency exchanges in Europe, announced the incorporation of its own bitcoin-enabled Lightning Network into its platform. The move will allow Bitstamp users to make faster payments, with lower rates and higher transaction performance than in the Bitcoin network directly. The company said LN is the next step for Bitcoin and one of the…

Even the longest journey begins with a small step. And cryptocurrencies are proving it. The conventional public notion about these nascent assets is impoverished. It is due to their access to the one side of the story, which portrays cryptocurrencies as tools to launder money, purchase banned drugs online, and finance terrorists. However, the other…